Second Avenue

THE CORDISH COMPANIES UNVEILS DETAILS FOR ITS LATEST LIVE! DESTINATION - LIVE! AT THE POINTE ORLANDO - OPENING THIS FALL IN ORLANDO, FLORIDA

Retrieved on:

Tuesday, April 30, 2024

ORLANDO, Fla., April 30, 2024 /PRNewswire/ -- The Cordish Companies announced today that their 73,000-square-foot dining and entertainment destination at Pointe Orlando will take on the Company's nationally acclaimed Live! hospitality and entertainment brand. LIVE! AT THE POINTE ORLANDO will bring an unmatched food and beverage, social, nightlife and special event experience to Orlando's tourism corridor when it opens this fall, creating a unique block party atmosphere for locals and tourists alike. Located on International Drive, Live! at The Pointe Orlando will be just a short drive from Orlando, Florida's major theme parks and across the street from the Orange County Convention Center. The Company also announced two new venues today for the project – HOUNDSMEN ENGLISH LOUNGE and SHARK BAR – joining previously announced anchor concepts SPORTS & SOCIAL and PBR COWBOY BAR. A major announcement of an additional two-level anchor concept will be happening within the next few weeks. Renderings can be downloaded here.

Key Points:

LIVE!
at The Pointe Orlando will be just a short drive from Orlando, Florida's major theme parks and across the street from the Orange County Convention Center.
"We are proud to continue working with Brixmor Property Group to bring a world-class experience to Pointe Orlando.
at The Pointe Orlando will offer options for small- and large-scale gatherings that can accommodate guest counts from 10 to over 4,000 people.

Monroe Capital Funds Make Strategic Investment in Second Avenue

Retrieved on:

Monday, March 11, 2024

Professional Services, Other Construction & Property, Residential Building & Real Estate, Finance, Construction & Property, Asset Management, REIT, Growth, Partnership, Second Avenue, Acquisition, Capital, SFR, Yoy, Avenue, Multimedia

Monroe Capital LLC (“Monroe”), on behalf of its investment funds, today announced it has acquired a strategic minority ownership interest in Second Avenue’s operating company and has allocated approximately $250 million of additional capital to its investment platform through a mix of debt and equity capital.

Key Points:

Monroe Capital LLC (“Monroe”), on behalf of its investment funds, today announced it has acquired a strategic minority ownership interest in Second Avenue’s operating company and has allocated approximately $250 million of additional capital to its investment platform through a mix of debt and equity capital.
The $250 million is structured as a follow-on investment that is expected to be deployed across various opportunities in 2024.
Second Avenue expects to double its home count in 2024 with Monroe’s follow-on commitment plus remaining previously committed capital.
We believe Monroe’s long-term investment can strategically enhance Second Avenue as one of the largest and more importantly efficiently managed SFR platforms in North America.”
Mike Rothman, CEO and Founder of Second Avenue, said: “Second Avenue is extremely excited to announce our continued partnership with Monroe Capital, both from a PropCo and now an OpCo perspective.

Achieve Life Sciences Announces Pricing of up to $124.2 Million Registered Direct Offering and Concurrent Private Placement

Retrieved on:

Thursday, February 29, 2024

Attention, Letter, Prospectus, New Drug Application, Suite, Research, FDA, Smoking, Nicotine, Food, Sale, Exercise, Regulation D, Equity capital markets, Second Avenue, Form, Hudson Street, NDA, Security (finance)

SEATTLE, Wash. and VANCOUVER, British Columbia, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Achieve Life Sciences, Inc. (Nasdaq: ACHV), a late-stage pharmaceutical company committed to the global development and commercialization of cytisinicline for smoking cessation and nicotine dependence, today announced that it has entered into a securities purchase agreement with new and existing investors to raise up to approximately $124.2 million in gross proceeds that includes initial upfront funding of $60.0 million and up to an additional approximately $64.2 million upon exercise of milestone-driven warrants.

Key Points:

Lake Street Capital Markets, LLC and JonesTrading Institutional Services LLC are acting as joint placement agents for the registered direct offering and concurrent private placement.
The registered direct offering and the concurrent private placement are each expected to close on or about March 4, 2024, subject to customary closing conditions.
The aggregate gross proceeds from the issuance of common stock in the registered direct offering are expected to be approximately $60.0 million, prior to deducting placement agent fees and estimated offering expenses.
If the milestone-driven warrants issued in the private placement are exercised in full, the company would receive $64.2 million in additional proceeds.

Giving Machines Denver has chosen Global Down Syndrome Foundation for its Christmas Campaign in Cherry Creek North Holiday Market

Retrieved on:

Thursday, November 16, 2023

Volunteers of America, Fillmore Street, Exercise equipment, Yoga, Patient, Down syndrome, Organic, Toy Biz, Health, Friends, Child, Volunteering, Second Avenue, Church, CO, Tourism

Denver, CO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Giving Machines Denver has chosen Global Down Syndrome Foundation (GLOBAL) to highlight through their ‘Light the World’ charity vending machines from November 16 through Christmas Eve.

Key Points:

Denver, CO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Giving Machines Denver has chosen Global Down Syndrome Foundation (GLOBAL) to highlight through their ‘Light the World’ charity vending machines from November 16 through Christmas Eve.
The “Grand Unwrapping” ceremony featured Denver Mayor Mike Johnston, Global Down Syndrome Foundation President & CEO Michelle Sie Whitten, Linda Crnic Institute for Down Syndrome Executive Director Dr. Joaquín Espinosa, and GLOBAL self-advocates Daniel Walshe and Charlie Moylan, and others.
During the “Light the World” Campaign, visitors to Cherry Creek North Winter Wonderland at the entrance to the Holiday Market, 2nd Avenue and Fillmore Street, can give holiday gifts to children and adults with Down syndrome.
“We are so grateful to the Mayor, Giving Machines Denver, Cherry Creek North, and the Church of Latter-Day Saints,” says Michelle Sie Whitten, GLOBAL President & CEO.

THE CORDISH COMPANIES BREAKS GROUND ON NEW $270+ MILLION LIVE! CASINO & HOTEL LOUISIANA

Retrieved on:

Wednesday, December 13, 2023

BOSSIER CITY, La., Dec. 13, 2023 /PRNewswire/ -- LRGC Gaming Investors, LLC, an affiliate of The Cordish Companies, today celebrated the commencement of construction on the first land-based casino in the Shreveport-Bossier market and the $270+ Million LIVE! CASINO & HOTEL LOUISIANA, a project that will serve as a regional destination for world-class gaming, dining, entertainment, and hotel amenities.

Key Points:

CASINO & HOTEL LOUISIANA, a project that will serve as a regional destination for world-class gaming, dining, entertainment, and hotel amenities.
Casino & Hotel Louisiana," said Jon Cordish, Chairman of The Cordish Companies.
Casino & Hotel Louisiana is being built on the site of the former Diamond Jacks Casino & Hotel in Bossier City.
In gaming, The Cordish Companies has developed the most successful casino entertainment resorts in the U.S. including the Hard Rock Hotel & Casino Hollywood, FL; the Hard Rock Hotel & Casino Tampa, FL; Live!

Truework Announces Income Verification Solution for Tenant Screening

Retrieved on:

Tuesday, November 14, 2023

FCRA, Employment, SAN, Tenant, Second Avenue, Documentation, Fair Credit Reporting Act, Credit, Tenant screening, Eviction, Cryptocurrency, Property management, Sparrow

SAN FRANCISCO, Nov. 14, 2023 /PRNewswire/ -- Truework, the one-stop platform for income and employment verification, today announced the launch of Truework Income for Tenant Screening. It acts as a single income verification provider, orchestrating every major income verification method in one integration, maximizing speed and coverage. With this new product, property managers can automate more verifications with direct-to-source data to avoid payment issues, mitigate fraud, and reduce evictions while eliminating manual work for leasing staff. Innovative organizations, including one of the nation's largest single-family rental operators and RMK Management, Second Avenue, and Sparrow, have signed on to use the new offering.

Key Points:

SAN FRANCISCO, Nov. 14, 2023 /PRNewswire/ -- Truework, the one-stop platform for income and employment verification, today announced the launch of Truework Income for Tenant Screening.
It acts as a single income verification provider, orchestrating every major income verification method in one integration, maximizing speed and coverage.
"We are thrilled to launch Truework Income for Tenant Screening to help bring much-needed automated income verifications to the rental market," said Truework CEO Ryan Sandler.
For more information on Truework and Truework Income for Tenant Screening, please visit www.truework.com .

SOHO Int'l Film Festival Unveils 2023 Lineup: "The Nana Project," "Little Brother," "Scrap" and More

Retrieved on:

Thursday, August 24, 2023

NEW YORK, Aug. 24, 2023 /PRNewswire-PRWeb/ -- The excitement is building as the SOHO International Film Festival (SIFFNYC) prepares to roll out its red carpet once again, announcing its highly anticipated opening on September 14 and running through 21. With over 110 films lined up, including a record-breaking number of premieres, this year's festival promises to be an extraordinary cinematic experience.

Key Points:

With over 110 films lined up, including a record-breaking number of premieres, this year's festival promises to be an extraordinary cinematic experience.
With over 110 films lined up, including a record-breaking number of premieres, this year's festival promises to be an extraordinary cinematic experience.
"The SOHO International Film Festival is a celebration of the art of storytelling and the power of visual expression," said Sibyl Reymundo-Santiago, Executive Director and Head of Programming.
This year's festival is presented by the SOHO Film Forum, a 501(c)(3) organization.

From Black GIs to Puff Daddy: how African Americans fell in love with cognac

Retrieved on:

Wednesday, July 12, 2023

According to popular media and industry folklore alike, African American cognac consumption dates to either or both world wars.

Key Points:

According to popular media and industry folklore alike, African American cognac consumption dates to either or both world wars.
In this telling, Black GIs sent to Southwest France fell in love with the bottled spirit as much as the spirit of a country they perceived as decidedly less racist than home.
This year Le Monde published a story about cognac’s popularity among America’s rap artists, recapitulating the same wartime genesis.

A century-old affair

There is no evidence to suggest that it’s anything more than romantic myth, and the story certainly invites questions.
Why would Black soldiers become enamoured of cognac specifically, but not wine, which is consumed much more by the French?
Why would Black soldiers alone fall for cognac’s charms, but not their White counterparts?
Formerly enslaved Manhattan tavern owner Cato Alexander is just one example who brings to life African American knowledge of cognac.

Hip hop and cognac

Founded in 1945 by John H. Johnson as the first nationally-circulated magazine designed to showcase Black success, its pages helped position cognac as the perfect emblem of comfortable Black affluence.
Jay-Z’s 2012 venture as a cognac brand owner with d'Ussé represents the long outgrowth of cognac’s bursting onto the hip hop scene in the 1990s and early 2000s.
Nas claims to be the first to include cognac in his rhymes – for example, “Memory Lane (Sittin’ in da Park)” on 1994’s Illmatic.
It’s a story that casts cognac as part of the family, a marker of freedom, and a vehicle to repudiate American racism.

Alexandria Real Estate Equities, Inc.'s Unique, Highly Sought-After Labspace Assets in High-Barrier-to-Entry Markets Continue to Generate Strong Financial Returns

Retrieved on:

Tuesday, June 20, 2023

PASADENA, Calif., June 20, 2023 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in AAA innovation cluster locations, has been at the vanguard and heart of the life science ecosystem since inventing and creating the novel Labspace® niche in 1994. Alexandria is a one-of-a-kind company — it is the only pure-play publicly traded laboratory REIT. Founded on the belief that life science companies are most successful when positioned in the epicenter of the world's top innovation ecosystems in close proximity to world-renowned academic medical institutions, deep specialized talent and ample risk capital, Alexandria has applied its cluster model to the life science industry in a disciplined manner to execute on its original bold vision to create a new kind of real estate company uniquely focused on this essential industry and the highly complex infrastructure needed to support its mission-critical work to advance human health. Over the past three decades, Alexandria has strategically and methodically created the highest-quality life science assets concentrated in high-barrier-to-entry markets and built the leading infrastructure platform for the life science industry. The company's execution of its multifaceted platform of internal and external growth continues to drive outstanding long-term total stockholder return (TSR). From its IPO in May 1997 through March 31, 2023, Alexandria has generated an outstanding TSR of 1,444% (assuming reinvestment of dividends), significantly outperforming major indices over the same period, including the Nasdaq Composite's TSR of 998%, the MSCI U.S. REIT's TSR of 706% and the S&P 500's TSR of 683%.

Key Points:

Over the past three decades, Alexandria has strategically and methodically created the highest-quality life science assets concentrated in high-barrier-to-entry markets and built the leading infrastructure platform for the life science industry.
The company's execution of its multifaceted platform of internal and external growth continues to drive outstanding long-term total stockholder return (TSR).
Alexandria's strong and timely execution of its strategic value harvesting and asset recycling program to raise accretive capital has demonstrated continuing solid demand for scarce, high-quality life science assets.
Affiliates of Alexandria recently completed the sale of five non-core, non-mega campus properties aggregating 428,663 RSF in the Greater Boston market to affiliates of TPG Real Estate Partners.

Achieve Life Sciences Announces Pricing of $16.5 Million Registered Direct Offering

Retrieved on:

Thursday, May 25, 2023

Nicotine, Second Avenue, Enterprise file synchronization and sharing, Sale, Suite, Prospectus, Form, Hont-Pázmány, Smoking, Security (finance)

The aggregate gross proceeds from this offering are expected to be approximately $16.5 million, prior to deducting placement agent fees and estimated offering expenses.

Key Points:

The aggregate gross proceeds from this offering are expected to be approximately $16.5 million, prior to deducting placement agent fees and estimated offering expenses.
The Company intends to use the proceeds from the offering to fund product development and regulatory activities, and for working capital and general corporate purposes.
The offering is expected to close on or about May 30, 2023, subject to customary closing conditions.
Current Achieve investors, including investors in Dialectic Life Sciences and various entities affiliated with the Hunt Family, as well as members of Achieve’s management, are participating in this transaction.